INDIA DEFENCE INDUSTRY STOCKS

Corporate Watch: M&M, Tata Comm among 36 stocks in spotlight this week

Welspun Enterprises and DJ Mediaprint declared dividends with ex-dates on July 5. Escorts Kubota also set July 5 as the ex-date for dividend issuance. Several other companies like Tide Water, SKF India, and Balaji Amines have dividend and ex-date announcements in the same week.

Nifty India Defence Index: 5 things to know

The Nifty India Defence Index tracks the performance of the Indian defence sector.

Oil India among 10 stocks in focus this week for bonus issues, stock splits, and buybacks

Oil India and Vertoz Advertising, among other companies, are set to be in the spotlight this week as they near their record dates for bonus issues, stock splits, buybacks, and demergers. The record date, determined by each company, determines eligibility for these corporate actions, requiring shares to be held in a Demat account on that date to qualify.

3M India, M&M among 25 stocks that will trade ex-dividend this week. Do you own any?

Dividends are distributed to shareholders whose names are listed in the company's records on the record date. With the adoption of the T+1 settlement system, the record date and ex-dividend date are usually identical, except when market holidays occur immediately following the ex-date. Investors who buy the stock at least one day before the ex-date qualify for dividends, as settlement happens on the ex-date.

187 BSE500 stocks offer double digit returns as markets scaled new heights in June

The India Cements was the top gainer in this pack with nearly 44% return, followed by Amara Raja Energy (41%), JK Paper (40.5%), and V Mart Retail (40.5%).

Consolidation push to continue as key raw material gets scarce: 11 small cap cement stocks which fit the bill and may see some action

In less than a month, two cement majors clearly showed their intent. The intent is to grow through an inorganic route. One by complete acquisition, the other by taking a large stake in the company. Another common thing, both of them are focussed on the southern part of India, where the cement companies have a history of being under pressure. So why are they looking toward southern India? The answer lies in something else. It is one of the key raw materials that have become scarce and that is what is leading to a situation where big players clearly know that if they have to grow their capacities they have to pick on companies which have access to that critical raw material. This aggressive consolidation is likely to continue and it is the smaller players which are likely to be targeted.

Chakri Lokapriya on stocks to pick in cement, banking sectors

UltraTech is very well positioned. It is still the market leader. Adani on the other hand with ACC and Ambuja, is far more acquisitive. They can move on deals much faster. So, in terms of where will growth come faster from, it will be ACC and Ambuja, says Chakri Lokapriya.

Golden Crossovers: Rossell India among 6 stocks signaling further bullishness

BlinkX opens India’s first Gen AI lab in the stock broking industry

BlinkX Gen AI Lab in Mumbai drives trading innovation with the Hyper Personalised Nudge Engine, enhancing customer experiences through real-time data on the mobile app for traders of all risk tolerances.

Stocks in news: MapmyIndia, YES Bank, Sanghi Industries, ZEE, Mahindra Finance

State-owned Punjab & Sind Bank has signed an initial agreement with the Indian Army on defence salary package which will come with a host of facilities, including free insurance cover.

Stocks to buy: Bet on stocks that regularly beat analyst estimates; 5 stocks with double-digit upside

Stocks to buy: Out of 304 companies, where estimates are compiled by a minimum of three analysts through Reuters-Refinitiv, 50 stocks have consistently surpassed analysts’ net profit estimates in all four quarters of 2023-24. This group of 50 stocks has delivered an average return of 72.4% over the past year, compared to the BSE 500 index’s 38% return over the same period. This data is based on closing values as of 18 June. The article explores the five companies that have been covered by a significant number of analysts and currently offer double-digit share price potential.

Rs 7 lakh crore profit in 10 days! Why PSU stocks are rallying like Modi managed '400 paar'

Investors initially skeptical of PSU stocks after BJP's election setback on June 4 have seen a reversal. PSU stocks, down 16% post-election, now lead a bull run akin to Modi's '400 paar' ambition. Mazagon Dock's 48% rise drove the BSE PSU index cap up by Rs 7.24 lakh crore in 10 sessions. RCF surged 33%, Cochin Shipyard 24.5%, HUDCO and MMTC 23%, with HAL, BEL, and BHEL also gaining.

Defence stocks rally up to 19%, Paras Defence and GRSE among top gainers

Paras Defence shares advanced 19% to hit a fresh 52-week high of Rs 1,373.80 on BSE amid a block deal of 3.29 lakh shares, while PSU defence stock GRSE was also trading around 12% higher. Mazagon Dock, Cochin Shipyard, and Astra Microwave were also trading around 5-8% higher.

India-US advance talks on joint production of Stryker armoured combat vehicles

India and the US are in advanced negotiations to co-produce the latest generation of Stryker armoured infantry combat vehicles (ICVs). This three-phase project includes initial purchases, joint production in India, and co-development of future versions, supporting India's "Atmanirbhar Bharat" mission. Customization for Indian terrain, high-altitude areas, and significant technology transfer are key aspects. This collaboration, promoted by the US as part of their strategic defence partnership, aims to modernize India's mechanized infantry, replacing over 2,000 outdated BMP-II vehicles. The Stryker offers advanced capabilities, enhancing India's defence industry and military readiness.

Defence stock rallied up to 28% last week. Check top winners

Indian defence sector stocks surged sharply last week, gaining up to 28%, as the government's strong focus on the sector remains unwavering. These stocks are likely to continue their upward streak as, upon resuming charge as defence minister, Rajnath Singh set a target to generate military exports worth Rs 50,000 crore annually and vowed to fast-track initiatives under 'Make in India' for defence production. Here's the list of defence stock rallied up to 28% last week:

US and India strengthen military ties, eye deeper collaboration

Top American and Indian defense officials have highlighted the growing importance of the US-India military partnership, especially in the Indo-Pacific region. At the 'Partners in Progress' symposium in Bengaluru, Rear Admiral Nirbhay Bapna of the Indian Navy praised the comprehensive strategic partnership between the two nations. He emphasized their joint commitment to ensuring peace and prosperity in the Indo-Pacific through enhanced information sharing and maritime awareness. US Defense Attaché to India Rear Admiral Michael Baker also stressed the significant role of the US-India defense partnership in global peace and security.

Here’s what India’s top money managers are buying post elections

Stock pickers at ICICI Prudential Asset Management Co. and HDFC Asset Management Co. are turning wary of small-caps and stocks that look overheated, such as industrials, defense and state-run companies. Nippon Life India Asset Management Ltd. is leaning toward larger companies that are trading at attractive valuations.

Mukul Agrawal-owned smallcap defence stock zooms 11% after Antique gives big target price

PTC Industries, a key player in the aerospace and defence sectors, soared 11% after Antique Broking initiated coverage with a 'buy' rating and a target price of Rs 13,010. With robust manufacturing technologies and a strong order book, the company is poised for exponential revenue and profit growth, backed by titanium and super alloy manufacturing.

Identify themes ahead of the curve; current year could belong to telecom: Niket Shah, Motilal Oswal MF

Niket Shah of Motilal Oswal MF discusses investment themes like AI in Indian IT, re-rating opportunities in EV and medical devices, and triggers in the telecom sector such as 5G adoption and pricing strategies.

Markets moving away from consumption themes to investment themes: Manish Sonthalia

​But otherwise, automobiles, banks, pharmaceuticals, capital goods they have all delivered on numbers. Metals and oil and gas was again supposed to be muted. So, I think all in all, the expectation of the result season from where we began the earnings season was a 5% to 6% earnings growth for this quarter.

3 stocks Hemang Jani is bullish on from capital goods sector

LIC Housing, in terms of the asset quality, they have done reasonably well. Top line growth was slightly lower than market expectations and we believe that NBFCs as a space can do very well given that we are going to have a slightly stable kind of interest rate environment.

Dipan Mehta gives a hard pass to specialty chemicals; will bet on agrochem stocks

Dipan Mehta discusses the cautious outlook on chemicals, interest in agrochemical plays, auto sector trends, high PE ratios in capital goods, potential investments post-election, mixed earnings season results, and concerns about overvalued EMS companies. Mehta also says: "If the government comes back with a stable majority, then the best stocks to buy would be the defence stocks, PSUs. It could be PSU banks or the PSU engineering companies."

Sri Lanka in talks with India to set up small arms manufacturing unit: Premitha Tennakoon

Sri Lanka is in discussions with India to establish a small arms manufacturing unit, as part of their defence cooperation. State Minister of Defence Premitha Bandara Tennakoon said the discussions are ongoing and a joint venture in the military industry. The Indian envoy in Colombo, Santosh Jha, stated that India would be willing to make these capabilities available to Sri Lanka.